Market News
RECENT NEWS
3 May 2024
DTN Early Word Livestock Comments 05/03 06:17 Further Strength Likely in Cattle Friday Cattle futures received positive news from numerous avenues Thursday, pushing contracts higher. Maybe traders can put the avian flu concerns behind them for now. Hog futures struggled throughout Thursday, resulting in a mixed close. Robin Schmahl DTN Contributing...
2 May 2024
DTN Chart Technical Points 05/02 16:30 DTN FUTURES 10 5/02/24 SLOW STOCHASTIC PRICES ARE DECIMAL MOVING AVERAGES RSI'S 5 Day 20 Day CONTRACT CLOSE 4-Day 9-Day 18-Day 45-Day 9Day 14Day 30Day %K %D %K %D CBTWT MAY 586.50 585.81 588.72 569.33 557.54 59.40 58.33 53.42 17 34 68 80 CBTWT JUL 604.25 603.81 606.81 586.00 572.02 59.66 59.02 54.42 20 36 69 8...
2 May 2024
DTN Closing Livestock Comment 05/02 15:58 USDA's Negative Finding of H5N1 in Ground Beef Sends the Cattle Contracts Sharply Higher Heading into Friday's market, the Southern Plains should see packer interest improve and trade cattle. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex saw the biggest support throughout Thursda...
2 May 2024
DTN Midday Livestock Comments 05/02 11:31 Cattle Rally Upon No Bird Flu Traces Found in Ground Beef It's been a winning day for the livestock complex with cash cattle sales being higher, the complex receiving a marketing year high for export and the USDA's announcement on finding no traces of avian influenza in ground beef. ShayLe Stewart DTN Lives...
2 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/02/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 895 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - T...